According to CIPS, Vendor-managed inventory (VMI) is a supply chain agreement where the manufacturer or supplier takes control of the inventory management decisions for the seller or retailer. In supply terms this means the upstream agent is responsible for the inventory of the downstream agent. This type of agreement is also known as managed inventory, continuous replenishment program, or supplier-assisted inventory replenishment.
ISSCO, INC. offers VMI solutions customizable to fit the needs of each customer. Our goal is to work alongside you to streamline your manufacturing processes. With our VMI services, the customer determines an agreed-upon amount of inventory to be stocked on location and at ISSCO. We are committed to ensuring our inventories are reflective of the customer’s historical annual usage. We even take it a step further and offer a consignment VMI option, which allows you pay for the product after it has been used.
